RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Fiberglass Front Doors Bolster ROI

January 20, 2015 12:45 am

According to the recently released Remodeling Cost vs. Value Report, entry doors offer the highest return on your remodeling dollar. The report found that by replacing an entry door, homeowners can expect almost 97 percent return on investment, a key factor when buying or selling a home.

"Consumers stand to recoup nearly all of their initial investment in the entry door when it comes time to sell their home," said Keith Kometer, VP of Residential Product Development for Masonite, a leading global designer and manufacturer of residential exterior and interior doors. "The value of a new entry door is due in part to the added level of security and durability it adds to a home, but it also adds to the home's overall curb appeal."

Curb appeal is key to attracting potential homebuyers. It is also important to homeowners looking for a simple, cost-effective way to enhance the look of their house.

"The front door can be an emotional focal point," said Kometer. "It's an important part of the overall feel of a home."

Fiberglass technologies bolster the financial ROI on the purchase of a new entry door. Some varieties will not rust or dent, and they resist splitting, cracking and warping.

"The cost to install a fiberglass door can be relatively low, especially compared to more intensive home improvement projects such as a kitchen remodel," said Kometer.

To get the most from your investment, entry doors should be tailored to the theme of the house. Replacing an entry door is easiest when the weather is still warm, but January and February are ideal months for homes in the Sun Belt region of the U.S.

Source: Masonite

Published with permission from RISMedia.


Full Steam Ahead for U.S. Economy

January 20, 2015 12:45 am

Lower oil and gasoline prices are adding fuel to America’s economy, according to a recent report by TD Economics. The economy is expected to grow by 3 percent in 2015. With faster growth, experts anticipate the unemployment rate falling to 5.5 percent by the end of the year.

"The fall in energy prices could hardly have come at a better time, said TD Chief Economist Craig Alexander. Just as the job market is hitting its stride and wages are moving up, energy prices are falling, reducing inflation and leaving more money in consumers' pockets."

Since September, oil and gasoline prices have fallen more than 40 percent, and American consumers are the clear beneficiaries. "While falling prices will slow growth in oil-producing regions of the country, the average American household will save over $500 on gasoline over the next year," said Alexander. "Money that is not funneled into gas tanks will be used on other goods and services, providing an important lift to consumer spending."

The improvement on the job front should mean higher interest rates. However, this is balance against an inflation outlook that has becoming increasingly benign over the next year. Rising job openings, falling unemployment, and rising wages are all signs that, as the temporary impact of decreasing energy prices falls out, inflation will move toward the Fed's target.

Source: TD Economics

Published with permission from RISMedia.